Wright tells oil executives that Venezuela's output can rise 30%

LONDON, Jan 21 (Reuters) - U.S. Energy Secretary Chris Wright told oil company executives on Wednesday that Venezuela's output can rise 30% from current levels of 900,000 barrels per day in the short- to medium-term, three executives who attended the meeting said.

Raising crude output from Venezuela, which sits on the world's largest oil reserves, is a top objective for U.S. President Donald Trump after U.S. forces seized Venezuela's leader Nicolas Maduro in a raid earlier this month.

Wright's closed-door meeting with the executives took place on the sidelines of the World Economic Forum in Davos, Switzerland.